If a bank reconciliation included a deposit in transit of $790, the entry to record this reconciling
Question:
If a bank reconciliation included a deposit in transit of $790, the entry to record this
reconciling item would include
a. a credit to Cash for $790.
b. a credit to Prepaid insurance for $790.
c. a debit to Cash for $790.
d. No entry is required.
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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